September 12, 2023 11:30 ET | Source: Transparency Market Research Transparency Market Research
Wilmington, Delaware, United States, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The gravure printing inks market was estimated to have acquired US$ 3.9 billion in 2022. It is anticipated to register a 4.3% CAGR from 2023 to 2031 and by 2031, the market is likely to gain US$ 5.7 billion. water ink
Rising demand for packaged goods is a result of rapid urbanization and lifestyle changes. This is expected to increase consumer acceptance of eye-catching and educational packaging. In order to develop their identity and stand out in a congested market, brands are making use of packaging. Gravure printing makes it easier to realize complex branding components and design intricacies.
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Global Gravure Printing Inks Market: Key Players
An extremely limited number of dominant global manufacturers of gravure printing inks hold the majority of the market share. To increase their product line, the majority of gravure printing ink producers make large investments in product research and development.
With these improvements, gravure printing will be able to handle a wider variety of substrates and applications while also strengthening print quality as well as environmental sustainability.
The following companies are well-known participants in the global gravure printing inks market:
Key developments in the global gravure printing inks market are:
In the next years, the growth of the gravure printing inks market is anticipated to be fueled by the expansion of the e-commerce industry. Products are protected throughout transport by packaging, which also creates an engaging unpacking experience. The demand for high-quality printing is consequently growing. Gravure printing perfectly fills this demand because to its capacity to produce lifelike pictures and complex patterns.
Key Findings of Market Report
Market Trends for Gravure Printing Inks
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Global Market for Gravure Printing Inks: Regional Outlook
Various reasons are propelling the growth of the gravure printing inks market in different countries. These are:
Global Gravure Printing Inks Market Segmentation
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